Key facts
- This page summarizes William Gross's Form 4 filing for Energy Vault Holdings, Inc. (NRGV).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 29 May 2024, 16:20.
William Gross - 24 May 2024 Form 4 Insider Report for Energy Vault Holdings, Inc. (NRGV)
- Reporting relationship
- Director
- Issuer ticker
- NRGV
- Reported as of
- 24 May 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 29 May 2024, 16:20:12 UTC
- Prior SEC filing
- 15 Mar 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Timothy Maloche, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
William Gross filed Form 4 for Energy Vault Holdings, Inc. (NRGV) on 29 May 2024.
Change
- Previous filing in this sequence was filed on 15 Mar 2024.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
NRGV
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +68,989
- Change %
- +80%
- Price
- $0.000000
- Shares after
- 154,740
- Date
- 24 May 2024
- Ownership
- Direct
- Footnotes
- F1
NRGV
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 4,511,086
- Date
- 24 May 2024
- Ownership
- Held by Gross Goodstein Living Trust dated April 18, 2006
- Footnotes
- F2
NRGV
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,590,997
- Date
- 24 May 2024
- Ownership
- Held by Idealab Studio, LLC
- Footnotes
- F3
NRGV
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,406,355
- Date
- 24 May 2024
- Ownership
- Held by Idealab Holdings, LLC
- Footnotes
- F4
NRGV
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 100,000
- Date
- 24 May 2024
- Ownership
- Held by spouse as UTMA custodian for child
- Footnotes
- F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
Reflects an award of restricted stock units ("RSUs"), which represent a contingent right to receive one share of Common Stock for each RSU. The RSUs vest (subject to the Reporting Person's continued service to the Board) on the earlier of (i) the date of the next Annual Meeting occurring after the date of grant or (ii) May 24, 2025.
Footnote F2
Mr. Gross is co-Trustee together with his wife of the Gross Trust and may be deemed to have beneficial ownership of the securities held by the Gross Trust. Mr. Gross disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
Footnote F3
Idealab Studio, LLC (ILS) has a board of managers comprised of Mr. Gross, Allen Morgan, and Howard Morgan. The board of managers acts by majority consent so no single person has sole voting or dispositive authority over such securities. Mr. Gross, Mr. Allen Morgan and Mr. Howard Morgan each disclaims beneficial ownership of the securities held by ILS, except to the extent of his pecuniary interest in such securities. The Gross Goodstein Living Trust dated April 18, 2006 (the Gross Trust) owns a majority of the class of securities entitled to elect two directors to ILSs board of managers. Mr. Gross is the Chairman and Chief Executive Officer of ILS. As a result of the foregoing, Mr. Gross may be deemed to beneficially own the common stock held of record by ILS.
Footnote F4
Idealab Holdings, LLC ("Holdings") is a wholly-owned subsidiary of Idealab, a California corporation. Idealab is managed by a board of directors consisting of Bill Gross, Marcia Goodstein (Mr. Gross's wife), Renee LaBran and Bob Kavner, and no single person has voting or dispositive authority over the securities reported herein. Mr. Gross may be deemed to share beneficial ownership of the securities held by Holdings. Mr. Gross disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein.
Footnote F5
The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.